Business Overview

Reduced Pricing!!Award Winning Bakery and Cupcake shop since 1973. Bakery has excellent branding and sits on a highly desirable corner. Many possibilities for future growth. Become a Bakery and Cafe, expand locations or ship product nationwide.

Real Estate can be purchased in addition to business if buyer is interested.

Call for details or to arrange a tour after receipt of NDA and Buyers profile

Financial

  • Asking Price: $198,956
  • Cash Flow: N/A
  • Gross Revenue: $650,561
  • EBITDA: N/A
  • FF&E: $46,092
  • Inventory: $9,165
  • Inventory Included: N/A
  • Established: 1973

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,475
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

3 story, corner lot, retail building with storage and private parking. Recently updated in 2020

Is Support & Training Included:

3 weeks training included in price

Purpose For Selling:

Retirement and to pursue other business interests

Pros and Cons:

Excellent Brand with many options for growth

Opportunities and Growth:

Opportunity to launch a Kake Cafe

Additional Info

The business was established in 1973, making the business 49 years old.
The transaction won't include inventory valued at $9,165*, which ins't included in the suggested price.

The business has 10 employees and is situated in a building with estimated square footage of 2,475 sq ft.
The building is leased by the business for $4,500 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell companies. Nonetheless, the real reason vs the one they tell you may be 2 absolutely different things. For instance, they might claim "I have too many various obligations" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these may simply be reasons to try to conceal the reality of changing demographics, increased competitors, recent decrease in revenues, or a variety of other factors. This is why it is very crucial that you not depend entirely on a vendor's word, but instead, use the seller's answer in conjunction with your general due diligence. This will paint a more reasonable picture of the business's current situation.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses take out loans with the purpose of covering items like supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can imply that earnings margins are too small. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that need to be fulfilled or may cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location attract brand-new customers? Often times, operating businesses have repeat consumers, which develop the core of their day-to-day revenues. Particular aspects such as new competitors sprouting up around the area, roadway building and construction, and staff turn over can influence repeat consumers as well as adversely affect future earnings. One important thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the greater the chance to construct a returning customer base. A last thought is the basic area demographics. Is the business located in a densely inhabited city, or is it situated on the outskirts of town? Exactly how might the local median home earnings influence future revenue prospects?